IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.026%

Price spread now: Extended against QFEX+0.003%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$440.439% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.003%, 7d avg −0.002%

Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX IBM-USD	231.36	0.0035	pay 0.0004% / 1h	2m 31s	$1.2M	$2.6M	10x
Short	Extended IBM-USD	231.37	0.0024	get 0.0003% / 1h	2m 31s	$54K	$236K	10x

Funding history

latest

Range statsloading…

Extended against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee QFEXbpFee ExtendedbpOrdersPrice spread, now +0.003%Rate

Slippage from QFEX: live order book, 5 min ago; Extended: live order book, 59 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 5 min ago	1.73 bp	6.7 bp −$7	10.0 bp −$100	doesn't fit	doesn't fit
Sell Extended live order book, 59 min ago	1.08 bp	15.0 bp −$15	175.9 bp −$1,759	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster IBMUSDT	0.0000%	8h	231.34	−0.007%	$13K	$127K	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.26	−0.043%	$979K	$350K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.48	+0.052%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.52	+0.069%	$801K	$1.4M	50x	as long as short
Bitget IBMUSDT	0.0000%	8h	231.56	+0.086%	$786K	$342K	20x	as long as short
Variational Omni IBM	0.0000%	8h	231.52	+0.071%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.57	+0.091%	$516	$158K	10x	as long as short
SunX IBM-USDT	0.0000%	8h	231.37	+0.004%	$775	$485K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.98	+0.268%	$5K	$33K	20x	as long as short
Binance IBMUSDT	+0.0022%	8h	231.43	+0.032%	$3.9M	$5.4M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended IBM-USDshort	+0.0024%	1h	231.37	+0.003%	$54K	$236K	10x
BloFin IBM-USDT	+0.0029%	8h	231.45	+0.039%	$667	$52K	20x	as long as short
Lighter IBM	+0.0032%	1h	231.41	+0.022%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.101%	—	$57	12x	as long as short
QFEX IBM-USDlong	+0.0035%	1h	231.36	long leg	$1.2M	$2.6M	10x
Vest IBM-USD-PERP	+0.0046%	1h	231.32	−0.017%	—	—	25x	as long as short
tradeXYZ xyz:IBM	+0.0050%	1h	231.26	−0.043%	$1.9M	$756K	10x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.43	+0.030%	$194K	$34K	20x	as long as short